The Chesapeake and Delaware Canal Company was to be capitalized at $200,000 from subscriptions. It raised and expended about half of that total. Although Latrobe had made significant progress on the feeder for the canal, the company’s directors decided not to resort to the legal system to collect the remaining subscriptions, a decision that Latrobe discussed without bitterness despite his assessment that failure to collect was “almost fatal to us.” For his part, he accepted seven shares in the company’s stock in lieu of the remainder of his 1805 salary (Wilmington Mirror of the Times & General Advertiser, 5 June; Latrobe, Correspondence description begins John C. Van Horne and Lee W. Formwalt, eds., The Correspondence and Miscellaneous Papers of Benjamin Henry Latrobe, New Haven, 1984-88, 3 vols. description ends , 2:88).